Description
Data Bridge Market Research analyses that the freight transportation management market is expected to reach the value of USD 41,547.44 million by 2029, at a CAGR of 8.1% during the forecast period. "Roadways" accounts for the largest transportation mode segment in the freight transportation management market. The freight transportation management market report also covers pricing analysis, patent analysis, and technological advancements in depth.
Freight transport management incorporates forming various strategies for increasing the efficiency of freight and commercial transport efficiency. Freight transport management focuses on reducing the shipper costs while considering social costs such as congestion or pollution impacts. It helps the shippers to use the right mode of transportation. For instance, rail and water transport are highly efficient for long distances as compared to the use of trucks for the same. It helps in improving the routing and scheduling in order to increase load factors and reduce freight vehicle mileage. It helps implement fleet management programs that help use optimally sized vehicles for each trip, reduce vehicle mileage, and ensure that fleet vehicles are operated and maintained in ways that reduce external costs.
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Market Analysis and Insights: Global Freight Transportation Management Market
Freight transport management is used for various modes of transportation such as roadways, railways, marine, and airways. The freight movement done through the path of roads is termed under the segment. It is the most common type of transportation mode as it requires a single customs document process. Railway mode of transportation is highly fuel-efficient and can be termed as a 'green' mode of transportation. Marine shipments are used for the movement of bulk commodities such as coal, agri-products, iron ore, and wet bulk products such as crude oil and gas. Airways are the fastest mode of transportation and are highly used to achieve 'just-in-time' (JIT) inventory replenishment.
Over the years, it has become extremely necessary to have a highly efficient supply chain. This requirement is fulfilled by freight transportation management. Freight transportation management system helps the enterprises in moving the products from one destination to another in a cost-effective, reliable, and efficient manner. The system provides higher visibility and better analysis of data, thus increasing the growth of the global freight transportation management market.
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Freight Transportation Management Market Scope and Market Size
The freight transportation management market is segmented on the basis of by transportation mode, by offering, by deployment mode, by organization size and by industry. The growth amongst these segments will help you analyze meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.
By Transportation Mode
- Roadways
- Railways
- Marine
- Airways
On the basis of transportation mode, the global freight transportation management market is segmented into Roadways, Railways, Marine and Airways.
By Offering
- Solutions
- Services
On the basis of by offering, the global freight transportation management market has been segmented into solutions and services.
By Deployment Mode
- Cloud or Hosted
- On Premise
On the basis of deployment mode, the global freight transportation management market has been segmented into cloud or hosted and on premise.
By Organization Size
- Large Enterprises
- SMES
On the basis of organization size, the global freight transportation management market has been segmented into large enterprises and SMES.
By Industry
- Manufacturing
- Retail & E-Commerce
- Transportation
- Fast Moving Consumer Goods (FMCG)
- Healthcare
- Food & Beverages
- Oil & Gas
- Energy & Utility
- Electronics
- Automotive
- It & Telecom
- Others
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Major TOC of the Freight Transportation Management Market Report
Chapter One:
MARKET SEGEMENTATION
EXECUTIVE SUMMARY
PREMIUM INSIGHTS
MARKET OVERVIEW
Freight Transportation Management Market Scope Country Level Analysis
The freight transportation management market is analysed and market size insights and trends are provided by country, transportation mode, offering, deployment mode, organization size and industry as referenced above.
The countries covered in the freight transportation management market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
Europe dominates the freight transportation management market Europe is likely to be the fastest-growing global freight transportation management market. The Europe freight transportation management market is expected to be the fastest-growing in the world. Europe has the global transport lines passing through the region, with Germany dominating the region with a share of 22.74%. Europe being the hub for major players and manufacturing companies, require major transportation management in the region.
Competitive Landscape and Freight Transportation Management Market Share Analysis
The freight transportation management market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies' focus related to Freight Transportation Management Market.
The major players covered in Freight Transportation Management market report are
CTSI-GLOBAL, GEODIS, THE DESCARTES SYSTEMS GROUP INC, Manhattan Associates, Transplace, Softeon, GlobalTranz, Oracle, SAP SE, Accenture, Blue Yonder Group, Inc., E2open, LLC, Trimble Inc., DSV, Werner Enterprises, Supply Chain Solutions, C.H. Robinson Worldwide, Inc., TRANSPOREON GmbH, MercuryGate.
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